Industry Analysis & Industry Trends
The Leather, Hide and Skin Wholesaling industry is estimated to contract over the five years through 2015-16. This is due to volatile leather and livestock prices in addition to changes in downstream leather product manufacturing industries, such as leather furniture and footwear. Bovine leather is the largest product category in the industry, accounting for approximately 75.2% of revenue. As a result, the industry is highly dependent on trends and activities in downstream leather product manufacturing industries. Increased competition from substitute products has negatively affected industry growth over the past five years, though higher purchasing and selling prices drove industry revenue higher in some years... purchase to read more
Industry Report - Industry Analysis Chapter
Revenue of the Leather, Hide and Skin Wholesaling industry is expected be moderately volatile over the five years through 2015-16, with a general downward trend in industry revenue.
Industry operating profit levels have been squeezed over the past five years due to difficulties in passing on high purchasing costs to customers. This has caused many industry wholesalers to struggle. Costs were subsequently passed on to downstream manufacturers. Industry revenue declines, especially during the first half of the five years through 2015-16, were exacerbated by falls in downstream manufacturing across the United Kingdom, particularly manufacturing of leather footwear, clothing, handbags and accessories. Inc.. purchase to read more